by pay@crispino.us | Mar 29, 2026 | Chart of Accounts, Income, Terminologies
Profit realized when selling fixed assets at a price higher than book value. It is recorded as income separate from regular sales. Helps reflect capital gains in operations.
by pay@crispino.us | Jan 19, 2026 | Chart of Accounts, Income, Terminologies
Earnings from owning shares in other companies. Typically recognized when declared. Considered non-operating income for most businesses.
by pay@crispino.us | Jan 11, 2026 | Chart of Accounts, Income, Terminologies
Revenue from leasing company-owned property or equipment. Can be steady recurring income. Recognized when rent is due.
by pay@crispino.us | Nov 25, 2025 | Chart of Accounts, Income, Terminologies
Earnings from facilitating sales or services on behalf of others, such as real estate agents or brokers. Typically a percentage of transaction value. Recorded when earned.
by pay@crispino.us | Nov 4, 2025 | Chart of Accounts, Income, Terminologies
Income from workshops, courses, or other educational services. Can be billed per session, subscription, or certification. Increasingly common in digital learning businesses.
by pay@crispino.us | Sep 22, 2025 | Chart of Accounts, Income, Terminologies
Income earned from providing professional advice or specialized services. Recognized when the service is rendered. Common for service-based businesses like law, IT, and accounting.